Daily Newsletter: Mortgage Rates Slightly Lower; Volatility Ahead; Builder Confidence Continues Retreat; Bond Markets Prepare for Fed Announcement

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30 Year Fixed 3.87%   -0.01 15 Year Fixed 3.13%   -0.01 10YR Treasury 2.08%   -0.0440 FNMA 30YR 3.5 104.33   +0.16 FNMA 15YR 2.5 104.55   +0.08 View Today's Rates

Monday March 16, 2015 Mortgage Rate Watch - 3:46PM Mortgage Rates Slightly Lower; Volatility Ahead Mortgage rates fell modestly to begin the week following several weaker-than-expected economic reports. Economic data affects rates by motivating investors to seek out or avoid risk ... MND NewsWire - 11:00AM Builder Confidence Continues Retreat from 2014 Levels Builder confidence in the market for newly built, single family homes has declined to its lowest level in nine months. The National Association of Home Builders (NAHB)/Wells Fargo Housing ... Pipeline Press - 9:44AM Organizations Speak Out on Current Issues; State-Level News from NY, TX, WI, and MT Practically everyone has been involved in failed business ventures. Some go away entirely, but some try to bounce back. Anyone who has ever flown anywhere (like me: Nashville and San ... MBS Commentary - 7:34AM MBS Week Ahead: Time for a Change in Bond Markets? Depends on Fed It's an easy answer to be sure, but this time it's probably the best one. Financial markets, and especially bonds, stand the best chance to be inspired by Wednesday's FOMC events. This ... MBS MID-DAY: Slow but Positive Morning; Holding Gains After Data Suddenly Fierce Competition in Housing Market Latest Video Santelli: Rate hike signals Santelli Exchange: Yield curve 101 If Fed removes 'patience' then... More News from 'Around the Web' www.urban.org - 4:03PM What to Make of the Dramatic Fall in GSE Profits CNBC - 2:27PM 'Taper tantrum' II hitting bonds Bloomberg - 1:02PM Treasuries Rise on Factory Weakness Before Fed Rate Decision CNN - 1:02PM This is the U.S. dollar's fastest rise in 40 years CNBC - 12:11PM US debt to hit legal limit...again Bloomberg - 12:09PM There's Not Much Yellen Can Do to Stop Dollar Rally, SocGen Says Calculated Risk Blog - 10:19AM NAHB: Builder Confidence decreased to 53 in March CNBC - 9:37AM El-Erian: Fed 'linguistic gymnastics' Reuters - 9:36AM Manufacturing output takes surprise dip in February Bloomberg - 9:35AM Is US Housing Becoming a Millennials' Market? CNBC - 8:41AM US bond markets gear up for Fed statement Bloomberg - 12:13AM Your Wallet Isn't Getting Fatter as Economics 101 Comes Unhinged - Bloomberg Calculated Risk Blog - 12:10AM FOMC Preview: Remove "Patient" WSJ - 12:10AM American Class Perceptions Weather Economic Storm Calculated Risk Blog - 12:05AM Monday: Industrial Production, Empire State Mfg, Homebuilder Confidence Bloomberg - 12:04AM Dollar Surge Accelerates as Focus Shifts to Fed After ECB Buying www.cfpbmonitor.com - 12:01AM CFPB supervisory report highlights violations in debt collection, consumer reporting, overdraft practices, mortgage origination, and fair lending Bloomberg - 12:01AM Treasury Investors Have Cause to Be Edgy on Overseas-Demand Data Today's Rates Best Execution Rate Change 30 Yr FRM 3.87% -0.01 15 Yr FRM 3.13% -0.01 FHA 30 Year Fixed 3.50% +0.00 Jumbo 30 Year Fixed 3.75% -0.02 5/1 Yr ARM 3.17% +0.00 Current Mortgage Rates » What are best-execution rates? Average Mortgage Rates Rate Points Change FHFA * 15 Yr. Fixed 3.47% 1.11 +0.02 30 Yr. Fixed 4.33% 1.33 -0.01 MBA ** 30 Yr. Fixed 4.01% 0.39 +0.05 15 Yr. Fixed 3.29% 0.30 +0.02 30 Yr. Jumbo 4.02% 0.27 +0.07 30 Yr. FHA 3.80% 0.20 +0.04 5/1 ARM 3.18% 0.40 +0.13 Freddie Mac ** 30 Yr. Fixed 3.86% 0.60 +0.11 15 Yr. Fixed 3.10% 0.60 +0.07 1 Yr. ARM 2.46% 0.40 +0.02 5/1 Yr. ARM 3.01% 0.50 +0.05 Current Mortgage Rates » * FHFA averages are updated monthly. ** Mortgage Bankers Association (each Wednesday) and Freddie Mac (each Thursday) averages are updated weekly. Secondary Markets MBS Price Change 30YR FNMA 3.0 101.28 +0.19 30YR FNMA 3.5 104.33 +0.16 30YR GNMA 3.0 102.38 +0.13 30YR GNMA 3.5 104.77 +0.14 15YR FNMA 3.0 104.55 +0.08 15YR FNMA 2.5 102.11 +0.11 Treasuries Yield Change 2 YR 0.6491% -0.0119 5 YR 1.5559% -0.0329 10 YR 2.0752% -0.0440 30 YR 2.6511% -0.0500 Prices as of: 3/16/2015 4:27PM EST Current MBS / Treasury Prices » MBS and Treasury data provided by Thomson Reuters. Mortgage News Daily and MBS Live! are exclusive re-distributors of Real Time Thomson Reuters Mortgage Information. Secondary Marketing Managers: If you are interested in gaining access to the most accurate real-time back-month TBA indications from Thomson Reuters and Tradeweb. Request More Information

This information is not an advertisement to extend consumer credit as defined by Section 226.2 of Regulation Z. This is not an offer to enter into an agreement regarding interest rates. The rates quoted do not include discount points, origination points, or loan level risk based price adjustments. Rates and terms are subject to change without notice. © 2015 Brown House Media, Inc. All rights reserved. Brown House Media Inc. - 19706 One Norman Blvd - Cornelius, NC 28031

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